NSEBagging/Receiving of orders/contracts26 Aug 2026 · 26 Aug 2026, 10:33 pm
Bagging/Receiving of orders/contracts
Juniper Green Energy Limited · JNPR
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Juniper Green Energy Limited has executed a 25-year Power Purchase Agreement with SJVN Limited for a 50 MW Firm and Dispatchable Renewable Energy project.
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Full Announcement
Juniper Green Energy Limited has informed the Exchange about Execution of Power Purchase Agreement with SJVN Limited
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JGEL2025_26082026223251_2026_08_26_Regulation_30_Disclosure_JGEL_PPA.pdf
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Date: August 26, 2026
To, To,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex Bandra (East), Dalal Street,
Mumbai – 400 051 Mumbai - 400 001
Symbol: JNPR Scrip Code: 544853
Sub: Execution of Power Purchase Agreement
Dear Sir/ Madam,
Pursuant to Regulation 30 read with Para B of Part A of Schedule III and other applicable provisions
of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended, we hereby inform you that Juniper Nirjara Energy Private Limited, the
subsidiary of Juniper Green Energy Limited has executed a Power Purchase Agreement with SJVN
Limited to undertake and develop 50MW Firm and Dispatchable Renewable Energy Project.
The details pertaining to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026, (‘SEBI Circular’) are provided below –
Sr. No. Particulars Description
Name of the entity awarding the
1 SJVN Limited
order(s)/contract(s)
Juniper Nirjara Energy Private Limited has
executed Power Purchase Agreement with
Significant terms and conditions of
2 SJVN Limited to undertake and develop
order(s)/contract(s) awarded in brief
50MW Firm and Dispatchable Renewable
Energy Project.
Whether order(s) / contract(s) have been
3 Domestic Entity
awarded by domestic/ international entity
4 Nature of order(s) / contract(s) Power Purchase Agreement
5 Whether domestic or international Domestic
SCOD: Within 24 months from the effective
date of signing of Power Purchase Agreement
Time period by which the (PPA) with SJVN Limited.
order(s)/contract(s) is to be executed
PPA Term: 25 years term from the
commercial operations date.
Broad consideration or size of the Expected Annual Revenue–
order(s)/contract(s) INR 80.00 crore
Whether the promoter/ promoter group /
group companies have any interest in the
8 entity that awarded the No
order(s)/contract(s)? If yes, nature of
interest and details thereof
Whether the order(s)/contract(s) would
fall within related party transactions? If
9 No
yes, whether the same is done at “arm’s
length
Juniper Green Energy Limited
(Formerly known as Juniper Green Energy Private Limited) 1
Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019
Corporate office: 3rd and 4th Floor, Building 4, Candor TechSpace, Sector 48, Gurugram – 122001, Haryana
CIN: U40100DL2011PLC228318 Email: cs@junipergreenenergy.com; website: www.junipergreenenergy.com/ Tel +91-124 4739600, Fax +91-124 4739666
Press Release titled “Juniper Green Energy Signs PPA with SJVN for 50 MW FDRE Project” is
annexed herewith.
We request you to kindly take the same on record.
Thanking You,
For Juniper Green Energy Limited
Prashant Pandia
Company Secretary and Compliance Officer
FCS 12077
Juniper Green Energy Limited
(Formerly known as Juniper Green Energy Private Limited) 2
Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019
Corporate office: 3rd and 4th Floor, Building 4, Candor TechSpace, Sector 48, Gurugram – 122001, Haryana
CIN: U40100DL2011PLC228318 Email: cs@junipergreenenergy.com; website: www.junipergreenenergy.com/ Tel +91-124 4739600, Fax +91-124 4739666
Juniper Green Energy Signs PPA with SJVN for 50 MW FDRE Project
New Delhi, August 26th, 2026: Juniper Green Energy Limited (“Juniper Green Energy”), through
its subsidiary, Juniper Nirjara Energy Private Limited, has signed a 25-year Power Purchase
Agreement (PPA) with SJVN Limited on 26th August 2026 for a 50 MW Firm and Dispatchable
Renewable Energy (FDRE) project under SJVN FDRE-2 scheme. The tender (SJVN FDRE-2) was
issued under Tariff-Based Competitive Bidding (TBCB) guidelines for which the Letter of Award
(LOA) was received on February 3rd, 2025.
The PPA has been signed at a tariff of INR 4.25 per unit for a tenure of 25 years. Under the PPA, the
Company has to achieve four hours of peak-hour supply with 90% availability on a monthly basis along
with minimum annual Capacity Utilisation Factor (CUF) as per the bid requirement. This project would
combine multiple renewable energy technologies including Solar and Battery Energy Storage System
(BESS) to meet the supply obligations as per the PPA.
With this addition, Juniper Green Energy’s portfolio now stands at 11,216 MWp of renewable energy
capacity, complemented by 8,989 MWh of BESS capacity, further strengthening its position as a scaled
and integrated renewable energy platform.
Commenting on the development, Ankush Malik, Wholetime Director & CEO, Juniper Green
Energy Limited said
“The signing of this PPA with SJVN further strengthens our partnership and marks another important
step in Juniper Green Energy’s strategy to build a scaled portfolio of Firm and Dispatchable Renewable
Energy (FDRE) projects. As India’s power system evolves, the ability to deliver renewable energy when
it is needed—particularly during peak demand hours—will become increasingly important. Our
integrated capabilities across solar generation and battery energy storage enable us to provide solutions
that combine the benefits of renewable energy with greater reliability and dispatchability. We look
forward to building on our relationship with SJVN and continuing to develop large-scale, reliable clean
energy solutions that support India’s transition to a more sustainable and resilient power system.”
About Juniper Green Energy Limited
Juniper Green Energy Limited is an independent renewable energy power producer in India, focused
on the development, construction, and operation of utility-scale solar, wind, hybrid, and Firm &
Dispatchable Renewable Energy projects. The Company has been developing renewable energy assets
across India since October 2018 and has built integrated capabilities spanning the entire project
lifecycle, from project conceptualisation and development to construction and operations.
Juniper Green Energy Limited has an operational capacity of approximately 2.57 GWp and 500 MWh
BESS and a total portfolio of more than 11 GWp and 8.9 GWh BESS, where the total portfolio includes
operational, under-construction, contracted and awarded projects. The Company is committed to
delivering reliable and sustainable clean energy solutions that support India's transition to a low-carbon
economy.
Disclaimer
The above press release/announcement may contain forward-looking statements within the meaning of applicable securities
laws and regulations. These statements are based on management's current views, expectations, assumptions, and projections
regarding the Company's future performance, business plans, growth prospects, competitive and regulatory environment, and
other related matter. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual
results to differ materially from those expressed or implied in the statements. Factors that could cause actual results to differ
materially from those contemplated in the forward-looking statements are not limited to changes in economic conditions
affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates,
alterations in the business environment, fluctuations in Government regulations, laws, statutes, judicial pronouncements, and
other incidental factor. The Company does not undertake any obligation to publicly update or revise any forward-looking
statements based on subsequent events, information, or developments, except as required by applicable laws and regulations.
Juniper Green Energy Limited
(Formerly known as Juniper Green Energy Private Limited) 3
Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019
Corporate office: 3rd and 4th Floor, Building 4, Candor TechSpace, Sector 48, Gurugram – 122001, Haryana
CIN: U40100DL2011PLC228318 Email: cs@junipergreenenergy.com; website: www.junipergreenenergy.com/ Tel +91-124 47
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